india, 9 November 2018 -- Nifty 50 is trading on above its poivot level of 10555 , we have also seen that FII started buying in index futures and options

NIFTY DAILY TECHNICAL LEVELS

NIFTY

Nifty 50 is trading on above its poivot level of 10555 , we have also seen that FII started buying in index futures and options .Our recommandation to buy nifty future in range of 10580-10590 . Buy on deep from above level. Our view on market is bullish for the levels of 10800. Buy 10580-10590 & Target 10620/10650 Sl 10550.

BANKNIFTY

On daily chart of bank nifty we have the double bottom formation . It is bullish reversal pattern . Our view on bank nifty future buy in the range of 25720-25750 . Banking Stock shown excellent recovery from the lower level which also strength the bank nifty index. Target 25790/25830/25870 Sl 25660

STOCKS DAILY TECHNICAL LEVELS

Glenmark Pharma Future

As per market weakness the particular counter is moving in a downtrend but it has tendency to show some pull back from its support level and as per the hourly chart it has shown a sign of reversal with three bullish candle, buy on dip opportunity would be great opportunity to get so we advice you to buy cadilahc around 660-665 for the targets of 670/680/687 with stoploss below 652 .

RELIANCE FUTURE

On daily chart we have seen the strength as per the volume and RSI . Our view to buy the future in the range of 1103 –1105. Target 1110/1115/1120. Sl 1092 Reliance shown the recovery from the support level 1020 . Stock is near to breach the supertrend level . Our recommandation to buy the stock & its future for long term also.Epic Research delivers reliable trading advice for traders to fulfill their goals and return expectations is very true.
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